Question

Write an algorithm to find the Simple interest using the Principal, Rate and timing 5 (SI =P X R X T / 100)​

Answer 1

Answer:

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Answer 2

Answer:

Algorithm is a stepwise “set of rules” to be followed in ‘calculations’ used by computer especially. It is a ‘step by step’ process and simple way to find output of the program. We can easily understand the whole program by this algorithm.

Algorithm to find simple interest:

1. Start the program.

2. Read Principal amount, rate of interest and time period.

3. Calculate interest by using the formula.

\bold{\text {Simple interest} =(\text { Principal amount } \times \text { rate of interest } \times \text { time period }) / 100}Simple interest=( Principal amount × rate of interest × time period )/100

4. Print the simple interest.

5. Stop the program.

The flowchart for simple interest is attached below.

Explanation:

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